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Deductions & credits
when I list the sale price as $183,000.00 and deduct 13,000.00 in selling expense it shows that I have a loss of $76,857.00, I don't think that's right.
Since the gross proceeds were divided in half on my 1099S, half for me and half for my sister, should I be dividing the sale price by half also?
‎February 25, 2021
9:47 AM